Europris Balance Sheet Health
Financial Health criteria checks 5/6
Europris has a total shareholder equity of NOK3.7B and total debt of NOK1.0B, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are NOK8.9B and NOK5.2B respectively. Europris's EBIT is NOK1.3B making its interest coverage ratio 8.5. It has cash and short-term investments of NOK186.3M.
Key information
28.1%
Debt to equity ratio
kr1.03b
Debt
Interest coverage ratio | 8.5x |
Cash | kr186.28m |
Equity | kr3.66b |
Total liabilities | kr5.22b |
Total assets | kr8.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RAI's short term assets (NOK2.9B) exceed its short term liabilities (NOK2.1B).
Long Term Liabilities: 0RAI's short term assets (NOK2.9B) do not cover its long term liabilities (NOK3.1B).
Debt to Equity History and Analysis
Debt Level: 0RAI's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 0RAI's debt to equity ratio has reduced from 93.6% to 28.1% over the past 5 years.
Debt Coverage: 0RAI's debt is well covered by operating cash flow (180.6%).
Interest Coverage: 0RAI's interest payments on its debt are well covered by EBIT (8.5x coverage).